Rice University (Jones)

Houston, TX

Part-Time MBA Overview

Average undergraduate GPA, 2023-24 enrollees	3.28
Tuition per credit, out-of-state 5%	$2,287
Size of 2022-2023 graduating class	182
Yield, 2023–24 (Matriculates/Admits)	73%
Graduation rate, 2020-23	97%
Average number of years of work experience, 2023-24 entrants	7.9
One-year retention rate, 2022-23	95%
Acceptance rate, fall 2023	92%

Rice University's part-time MBA program accepts applicants without GRE or GMAT scores if they have a terminal degree, a master's degree, or over three years of work experience. The program uses KIRA virtual assessment recordings to assess English proficiency. Applicants must submit one recommendation letter from a current or former direct supervisor or two professional recommendation letters. Graduates report a median base salary of $158,000 four months post-graduation. The application deadline is May 1.

See full Best Part-Time MBA Programs for 2024

Online MBA Overview

Size of 2022-2023 graduating class	192
Tuition per credit, out-of-state	$2,130
Graduation rate	88%
Acceptance rate	72%

Rice University's online MBA program will waive standardized test scores if applicants have more than three years of professional full-time work experience, a terminal degree of M.D. or PhD, a master's degree in a STEM field, a professional certification of CFA or CPA, or are submitting an Executive Assessment Score at the time of application. Letters of recommendation are required. Applicants can submit just one if they use their direct supervisor or two non-direct supervisor letters. The fall 2024 deadline to apply for the MBA@Rice program is May 24. The average undergraduate GPA for fall 2023 enrollees was 3.39, and the average number of work prior experience for those same students was 7.2.

See full Best Online MBA Programs for 2024

Executive MBA Overview

Size of 2022-2023 graduating class	54
Graduation rate, 2020-23	95%
One-year retention rate, 2022-23	97%
Acceptance rate, 2023-24	96%
Total approximate cost	$145,000
Standardized testing required?	No
Yield, 2023–24	55%
Avg. # of years of mgmt. experience, 2023-24 entrants	11.0
Avg. # of years of work experience, 2023-24 entrants	18.1

Rice University (Jones) hosts classes all day on Fridays, Saturdays, and every other weekend for executive MBA students. Test scores are not required, but they may be submitted if applicants have valid GMAT, GRE, Executive assessment, or GMAT Focus scores. One recommendation from a current or former direct supervisor is sufficient for applications; otherwise, applicants will need two. The school requires students to have more than 15 years of work experience before enrolling. The fall semester application deadline is June 30.

See full Best Executive MBA Programs for 2024

Affordable MBA Overview

Acceptance rate	72%
GMAT requirement	Yes
Graduation rate	88%
Approx. total tuition, out-of-state	$115,020

Rice University's online MBA program waives standardized test scores for applicants with over three years of professional full-time work experience, a terminal degree (M.D. or PhD), a master's degree in a STEM field, a professional certification (CFA or CPA), or those submitting an Executive Assessment Score. Recommendation letters are required—either one from a direct supervisor or two from non-direct supervisors. The MBA@Rice program's fall 2024 application deadline is May 24. Fall 2023 enrollees had an average undergraduate GPA of 3.39 and 7.2 years of work experience This school ranks No. 7 on our main best online MBA programs list.

See full 92 Most Affordable Online MBAs for 2025: Business School for Less for 2025

Traditional MBA Overview

Acceptance rate	34%
Median base salary of new grads	$150,000
Average undergraduate GPA	3.46
Tuition per year, out-of-state	$76,073

Rice University (Jones) Graduate School of Business offers a collaborative MBA with a strong emphasis on leadership and entrepreneurship. The average core class size is 53 students. Applicants submit one letter of recommendation and standardized test scores, with waivers available in some cases. The final application deadline is May 27th, with a fee of $200.

See full Best Business Schools and MBA Programs for 2026

The Online MBA From Rice Business

Rethink Your Approach to Business

GMAT waivers are available for the online MBA from Rice Business, ranked a Top-20 Online MBA by U.S. News & World Report. Ranked #1 in graduate entrepreneurship in the U.S. by the Princeton Review for 2024, aspiring entrepreneurs can earn their MBA in as few as 24 months.

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The Online MBA From Rice Business

Rethink Your Approach to Business

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